Trade Balance in Chile

Chile Trade Balance | Economic News & Forecasts

Chile - Trade Balance

Available data suggests that growth halved in the first quarter of the year. Economic activity lost steam in Q1, dragged by a fall in mining output amid adverse weather in February and a lackluster performance by the manufacturing sector. In turn, merchandise exports fell in Q1 and again in April, on lower copper shipments. In addition household spending is also expected to have flagged: Consumer sentiment remained stuck in negative territory and employment rates rose only marginally, pointing to softer spending. On the other hand, fixed investment likely accelerated modestly, buttressed by upbeat business sentiment linked to higher copper prices; however, the recent downturn in commodity markets, owing to escalating trade tensions, threatens to hinder investment going forward. Meanwhile, on 7 May, Moody’s ratified its A1 credit rating with a stable outlook, noting that the country is well prepared to deal with shocks thanks to its institutional and fiscal strengths.

Chile - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)2.0  6.5  3.4  5.4  7.9  

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Chile Trade Balance Chart

Chile Trade
Note: Trade balance in (USD bn).
Source: Chile Central Bank and Met the why particular calculations.

Chile Facts

Bond Yield4.11-0.44 %May 13
Exchange Rate693.40.05 %May 13
Stock Market25,375-0.67 %May 13

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